Brazil's economy was hit hard by a deep recession in 2015. This lead to an increase in unemployment . Unemployment is one of the reasons why there is such a huge contrast in wealth in Rio
south Rio = 2% unemployment
north Rio = 37% unemployment
richest 1% earn 12% of Rio's income
poorest 50% earns 13% of Rio's income
Favelas - 20% is unemployed - most work in informal economy - poorly paid (average earnings = $60 a month (irregular))
50% of Rios employee's don't have formal contracts - don't pay taxes